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still ahead, both mitt romney and barack obama want to put more americans back to work. but is job training the right answer? we'll take a look. >> tomsix months before e credit crunch hit full force, j.p. morgan bought failing investment bank bear stearns. that was in 2007. now, j.p. morgan faces a lawsuit, claiming it inherited massive fraud on the part of the company it purchased. the civil lawsuit alleges systemic fraud with the packaging and sale of mortgage- backed securities by bear stearns before it was taken over by j.p. morgan. the bank says it intends to fight the case. eric schneiderman is the attorney general of new york. >> eric, you represent the people of new york state. what did your citizens lose in the deals thaw are accused of being fraudulent? >> new yorkers, like people all over the united states bought shares in mortgage backed securities, pension funds invested in them. people bought homes baseed on what they thought was the realistic value of the housing market. we've learned that the housing bubble, sxlt mortgage backed securities bubble were cr
still ahead, both mitt romney and barack obama want to put more americans back to work. but is job training the right answer? we'll take a look. >> tomsix months before e credit crunch hit full force, j.p. morgan bought failing investment bank bear stearns. that was in 2007. now, j.p. morgan faces a lawsuit, claiming it inherited massive fraud on the part of the company it purchased. the civil lawsuit alleges systemic fraud with the packaging and sale of mortgage- backed securities by...
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Oct 2, 2012
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healthcare is a privilege. >> but this obama supporters sees a different america. he says the government is not giving people the help they need. >> health care is not a privilege. health-care is right. playing golf is a privilege. you don't have to play golf. >> he can afford to buy private insurance for themselves and his family, but as a presbyterian minister, he often crop -- often comes across people his lights have been turned upside down by the economic crisis. that's why a lot with most of the members of this parish council, he was to see president obama reelected. he wants to see more opportunities for those who are less well-off, especially when it comes to education. many students are left with crippling debt after graduating from college. he's a big supporting -- supporter of low-interest student loans. >> i like the fact that with two children in college, that college loans will not have interest rates that go through the roof. that helps my two kids. >> like most americans, they are worried about putting their kids through college. their daughter has
healthcare is a privilege. >> but this obama supporters sees a different america. he says the government is not giving people the help they need. >> health care is not a privilege. health-care is right. playing golf is a privilege. you don't have to play golf. >> he can afford to buy private insurance for themselves and his family, but as a presbyterian minister, he often crop -- often comes across people his lights have been turned upside down by the economic crisis. that's...
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Oct 2, 2012
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and right now those favor barack obama. the polls are really more like a painting than they are a digital photograph. one of the other complaints is that pollsters are talking to too many democrats. in 2004 democrats said pollsters were talking to too many oepublicans. it's a standard complaint for the party that the currents are moving against. >> pelley: john, why is there such a difference between the whichnal poll which is lssentially a tie and the poll in the battleground states? >> well, they're really polls of to different countries. the battleground states people erentseen millions of dollars of e battany negative. they've gotten visits on their doorstep from campaign isitsteers. they've gotten mail, visits from the candidates. in the rest of the country the polling is made up of states where none of that is going on. there's no evidence that the polls in the battleground states benefit one party or the other. o 2008, the mccain campaign was saying "look at the battleground state polls, pay no attention to the natio
and right now those favor barack obama. the polls are really more like a painting than they are a digital photograph. one of the other complaints is that pollsters are talking to too many democrats. in 2004 democrats said pollsters were talking to too many oepublicans. it's a standard complaint for the party that the currents are moving against. >> pelley: john, why is there such a difference between the whichnal poll which is lssentially a tie and the poll in the battleground states?...
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president obama. in what way in salted? >> the hole you didn't build it thing because we are here, we are not taking money when payroll comes. we are going out of pocket. we are not getting the help we need from government. i don't want help from government. i want them to leave me alone and it is insulting when you are doing this and trying to provide for your family and someone says i am pro small business but you didn't build your business and it is insulting. dave: we wish you the best of luck. congratulations on new jersey operations. liz: uncertainty in washington taking the toll on business with ceo optimism -- what is causing the drop in confidence? we will ask former governor john england next. south [ mujahid ] there was a little bit of trepidation, not quite knowing what the next phase was going be, you know, because you been, you know, this is what you had been doing. you know, working, working, working, working, working, working. and now you're talking about, well you know, i won't be, an
president obama. in what way in salted? >> the hole you didn't build it thing because we are here, we are not taking money when payroll comes. we are going out of pocket. we are not getting the help we need from government. i don't want help from government. i want them to leave me alone and it is insulting when you are doing this and trying to provide for your family and someone says i am pro small business but you didn't build your business and it is insulting. dave: we wish you the...
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so income obama and. mitt romney are getting ready to face off in their first debate wednesday in the race for president thanks to weigh in for this clever depiction of who he is dead dead brother versus mitt the twit as they wrestle to convince the public of who to vote for both may be wrestling with how best to avoid letting people know they don't have a sound plan for cutting federal deficits at least not according to analysts who say the math doesn't add up but here is how do you want to be paul ryan recently dealt with this issue but i have to look at what you just haven't given me that. i don't have the it would take me too long to go through all of that. but he goes on to say and i paraphrase he swears it all works out just just trust him don't worry this is just.
so income obama and. mitt romney are getting ready to face off in their first debate wednesday in the race for president thanks to weigh in for this clever depiction of who he is dead dead brother versus mitt the twit as they wrestle to convince the public of who to vote for both may be wrestling with how best to avoid letting people know they don't have a sound plan for cutting federal deficits at least not according to analysts who say the math doesn't add up but here is how do you want to be...
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or the polls biased toward president obama? vice president joe biden putting his foot squarely in his mouth again. we will play the tape. and the "a-team" with so much more. all here next. and here they come. >> this is deadly earnest. how they can justify raising taxes to the middle class that have been buried in the past four years. ashley: joining me now, "lou dobbs tonight" 18. thank you so much for being here. let me begin with you. mitt romney so quick to jump on this, the vice president saying we have a class. for the past four years. buried with debt, high unemployment, falling income, you name it. what is it with joe biden, should he just keep his mouth shut? >> i want joe biden to keep talking. he accidentally goes into this truth telling, and i think it is great because we can rely on joe biden. under the heel of the obama economy for four years. we are suffering, joe biden knows this and he forgot to not say it. i don't know if all the main street media will report it but we should not slam romney for jumping on it,
or the polls biased toward president obama? vice president joe biden putting his foot squarely in his mouth again. we will play the tape. and the "a-team" with so much more. all here next. and here they come. >> this is deadly earnest. how they can justify raising taxes to the middle class that have been buried in the past four years. ashley: joining me now, "lou dobbs tonight" 18. thank you so much for being here. let me begin with you. mitt romney so quick to jump on...
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election has taken priority and the election here in the united states is on november sixth so for obama is not going to say anything about the brutality of the bahraini regime until after the elections and us at the naval base fiercely based in bahrain and the u.s. knows that they don't want to upset the khalifa and their basing rights that they give us for our fifth fleet. so right now the khalifas are getting away with murder they're getting away with torture they're getting away with criminal activity and they're buying seats on the new in human rights advisory council tried to make their earliest regime appear to be acceptable to the international community but of course they're not and they're committing murder. of the call and we've got the chronology of events in bahrain and set out to the multiple stories of human rights abuses and violations in full. europe receiving a lost generation that's the warning from brussels as unemployment to the eurozone hits the highest level so far in the history of the monetary union it's as anger over a sterile policy sweeps the e.u. with the lat
election has taken priority and the election here in the united states is on november sixth so for obama is not going to say anything about the brutality of the bahraini regime until after the elections and us at the naval base fiercely based in bahrain and the u.s. knows that they don't want to upset the khalifa and their basing rights that they give us for our fifth fleet. so right now the khalifas are getting away with murder they're getting away with torture they're getting away with...
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the latest preelection polling in ohio-- the second-biggest battleground state-- shows president obama with a ten-point lead over mitt romney, 53% to 43%. dean reynolds is in the buckeye state tonight with the voters. dean? >> reporter: scott, back in 2008, nearly 30% of ohio's more than seven million voters cast their ballots before election day, and the campaigns this time around would love to see them increase that percentage. >> three, two, one! (cheers and applause). >> reporter: what some are calling election month began in ohio promptly at 8:00 a.m. some voters had overnighted in the parking lot outside a columbus polling place. >> i think there's been a lot of controversy about early voting. >> reporter:'m reld hernandez was there bright and early. >> for me it's a convenience, i can come in and get it done. >> reporter: you spent the night, though, to be one of the very first. >> i did. i was pretty excited. i thought why not? it's something different. i can say once in my life i camped out to vote. >> reporter: the names of the early voters are reported by the county board of
the latest preelection polling in ohio-- the second-biggest battleground state-- shows president obama with a ten-point lead over mitt romney, 53% to 43%. dean reynolds is in the buckeye state tonight with the voters. dean? >> reporter: scott, back in 2008, nearly 30% of ohio's more than seven million voters cast their ballots before election day, and the campaigns this time around would love to see them increase that percentage. >> three, two, one! (cheers and applause). >>...
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Oct 2, 2012
10/12
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glad president obama followed through and i think the right thing to do but if anything, i think the criticism that has arisen in the a last few years, there probably were too few strings aand, especially after the bone bown us ins started flowing again this is not to pick on jpmorgan chase. i assure you, looking at a wide variety of firms. this conduct was particularly flagrant. there have been other action brought that laid some groundwork that we took advantage of so we weren't wasting taxpayer money by reinventing the wheel, the fhfa brought a major case and the fhfa inspector general is one of our partners in the working group as well as justice, the s.e.c., hud and others. so, we are co-will be a bore writing bring as many actions as we can as quickly as we can, this just happens to be the first. >> attorney general schneiderman, four years now since the depths of the financial crisis thursday is the first gates gait for the president out of the working group for securities fraud is this the pound of flesh, everyone pushing for accountability forth banks on wall street, we are
glad president obama followed through and i think the right thing to do but if anything, i think the criticism that has arisen in the a last few years, there probably were too few strings aand, especially after the bone bown us ins started flowing again this is not to pick on jpmorgan chase. i assure you, looking at a wide variety of firms. this conduct was particularly flagrant. there have been other action brought that laid some groundwork that we took advantage of so we weren't wasting...
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prisoner of war obama's not going to sleep any feeling against by really. until the election is over the presidential election has taken priority and the election here in the united states is on the members so the mammas not going to believe anything about the brutality of the bahraini regime and to out of the elections the u.s. has its naval business really based in my reading in the u.s. no. they don't want to absolutely believe and they're brazen right. for our fifth fleet. now they're cleavers are getting away with murder they're getting away with torture they're getting away with criminal activity and they're buying seats on the union human rights advisory council to try to make their older years regime appear to be acceptable to the international community but of course they are now and they are committing murder. george is entering a new political era with president missing defeat thiis ruling party in parliamentary elections the opposition bloc georgian dreams leading in the polls which most of the with most of the ballots counted now. it will let n
prisoner of war obama's not going to sleep any feeling against by really. until the election is over the presidential election has taken priority and the election here in the united states is on the members so the mammas not going to believe anything about the brutality of the bahraini regime and to out of the elections the u.s. has its naval business really based in my reading in the u.s. no. they don't want to absolutely believe and they're brazen right. for our fifth fleet. now they're...
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Oct 2, 2012
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dodd-frank same thing, obama care similar. there's this cadre of people writing the laws of our country without input from at least half the country. >> what's the most important thing you think needs to be tackled head on. you think the fiscal cliff is the first issue? >> there are a multiple of issues that have to be acted on and obviously the fiscal cliff is a very important one. the trouble is the fiscal cliff is probably too easy to solve and kick down the road, and so therefore i doubt we would be in the fiscal cliff. i'm not sure, to be honest with you, that a fiscal cliff falling off the edge is not exactly what america needs. >> is this a wake-up call do you think at this point? it's a pretty severe wake-up call to get. >> you're describing a wake-up call to rip van winkle. how many years have we been kicking the khan down the road. that's a wake-up call for rip van winkle, somebody who has been sleeping for a multitude of years. >> you're suggesting play with fire a little bit? >> i'm suggesting that i'm interested i
dodd-frank same thing, obama care similar. there's this cadre of people writing the laws of our country without input from at least half the country. >> what's the most important thing you think needs to be tackled head on. you think the fiscal cliff is the first issue? >> there are a multiple of issues that have to be acted on and obviously the fiscal cliff is a very important one. the trouble is the fiscal cliff is probably too easy to solve and kick down the road, and so...
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president barack obama first call for. president bashar al assad to step down and then his sentiments were echoed by britain and by france just as the u.s. he says stood by supported and helped liberate the people in libya he would like to see the same thing done in syria but on the other hand you have many other countries such as russia china brazil and so on and so forth saying that there can't be any outside intervention into what's taking place in syria this is a crisis that needs to be decided and it between the parties between the syrian government and the opposition but as we've been reporting for the past week everybody's talking about the crisis in syria but not clear how to exactly solve it . damascus says the in lines share of those flying as syrian rebels are foreign mercenaries some reports even put the number at over ninety percent beirut based political analyst roula palomas says this is also clear from the videos opposition fighters posted online. all the you tube. videos taken by by the rebels themselves t
president barack obama first call for. president bashar al assad to step down and then his sentiments were echoed by britain and by france just as the u.s. he says stood by supported and helped liberate the people in libya he would like to see the same thing done in syria but on the other hand you have many other countries such as russia china brazil and so on and so forth saying that there can't be any outside intervention into what's taking place in syria this is a crisis that needs to be...
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and if you are barack obama don't go back. and the environment you try to change so each will make their case. when you can do better even barack obama says we do better and hope we can and met romney says we can do better but in the end americans want to see who will guide them. connell: there have been a bunch of articles that these debates don't always change things and mitt romney has to hope that the polls are not what they are. neil: we discussed this last week. a call among all of the -- polling groups gathering in a room -- we try to stick it to mitt romney. there might be a statistical quirk that favors democrats because of the sampling in 2008. it is outside the margin of error. why i they so close? i know that stuff like you do. in these swing states, ken-4 and from 6 to 3. don't hold me to that the states are swinging differently. they are tightening up which is the nature of the beast. everyone talks about the undecided voters. i think it is about winning over those who made up their minds. a lot of nixon's suppor
and if you are barack obama don't go back. and the environment you try to change so each will make their case. when you can do better even barack obama says we do better and hope we can and met romney says we can do better but in the end americans want to see who will guide them. connell: there have been a bunch of articles that these debates don't always change things and mitt romney has to hope that the polls are not what they are. neil: we discussed this last week. a call among all of the --...
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>> i think it will end if obama is reelected. and i believe that is a probability now. i think it will end when he decides that he is going to need to raise taxes in order to, balance the budget or to address the issues as he sees it. and i think those, those two factors alone will put this market on a big, on a big downturn. if you mention businesses. businesses have tremendous amounts of cash. because of uncertainty they see on horizon they're unwilling to spend that cash. you put the individual in the same spot as business which will happen if taxes go up and you're going to grind this economy down to recession and i think it will become manifest at the end of the first quarter. ashley: we have been warned. mike crofton. president and ceo -- >> why not. >> one day we'll wake up and say, what the heck have we done? thank you, mike. tracy: celebrate really hard on st. patrick's day. may be last party for a while is what he is saying. >>> one of the biggest threats of the looming fiscal cliff is automatic spending cuts to defense. believe it or not one company telling f
>> i think it will end if obama is reelected. and i believe that is a probability now. i think it will end when he decides that he is going to need to raise taxes in order to, balance the budget or to address the issues as he sees it. and i think those, those two factors alone will put this market on a big, on a big downturn. if you mention businesses. businesses have tremendous amounts of cash. because of uncertainty they see on horizon they're unwilling to spend that cash. you put the...
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Oct 2, 2012
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for the sake of a bit of background for the viewers, obviously, it working group created by president obama to try go after wrong doing that led to the financial crisis, you are saying it could be the first of many, say this will set a litmus test or precedent for further cases? >> i would assume enforcement actions along the line. >> frustrating thing about the crisis and the aftermath, the cleanup phase is obvious, things don't get fixed, don't get address ready. in 2006, looking at the databases that contained the loans and securitizations, it was nuts what we were seeing, very high debt-to-income ratios, steep payment resets. these loans were made to default, either investors looked the other way, play is been some of that or not enough due diligence or misrepresentation what was in the trusts, doesn't surprise me these actions are being brought. does surprise any is so long after after. >> i don't think it will hinder jpmorgan chase's abilities to make loans. i'm not sure i would draw this connection. it underscores a broader point we want the institution and lending and enforcement ef
for the sake of a bit of background for the viewers, obviously, it working group created by president obama to try go after wrong doing that led to the financial crisis, you are saying it could be the first of many, say this will set a litmus test or precedent for further cases? >> i would assume enforcement actions along the line. >> frustrating thing about the crisis and the aftermath, the cleanup phase is obvious, things don't get fixed, don't get address ready. in 2006, looking...
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Oct 2, 2012
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mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> as we hit new record mortgage rates, i just sat down with the ce
mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm...